🔴 $XRP BREAKS CRITICAL LEVEL — SHORT-TERM BIAS TURNS BEARISH
$XRP has slipped beneath $1.93, and that move shifts the short-term narrative.
After several failed breakout attempts, sellers stepped in aggressively once this key zone was retested — flipping momentum against the bulls.
📉 Price Action Snapshot • XRP fell 2.6%, sliding from $1.95 → $1.90
• Price failed to sustain above the $1.93 Fibonacci pivot
• Breakdown confirmed by a +107% spike in trading volume
🔍 Why This Move Matters The $1.93 zone served as a major consolidation and decision level. Losing it signals clear rejection, not a healthy dip.
The volume surge suggests active selling pressure, not random volatility.
📊 Market Structure Update • Shift from range expansion → range rejection
• Any bounce below $1.93–$1.95 is now considered corrective
• Short-term control favors bears
👀 Key Levels to Monitor 🔺 Resistance: $1.93 – $1.95
🔻 Support: $1.88 – $1.90
⚠️ Outlook As long as XRP stays capped below $1.93, upside moves lack real trend-reversal strength.
A clean reclaim could revive bullish momentum — failure keeps downside risk in play.